One of the biggest benefits of a 529 plan is the potential tax breaks. Any interest earned will grow tax-deferred, and if spent on qualifying education expenses, can be withdrawn tax-free.

July 2022 Interest Rates for GRATs, Sales to Defective Grantor Trusts, Intra-Family Loans and Split Interest Charitable Trusts AFRs The July applicable federal rate (“AFR”) for use with a sale ...

By front-loading a 529, you’ll be able to avoid paying gift taxes on contributions, while maximizing the amount earned in interest over ... Emergency Insurance Rate Hikes in California After ...